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  • Miami Market Report

    $715,501

    AVERAGE PRICE OF 13,566 HOMES

    $328,457

    AVERAGE PRICE OF 589 DISTRESSED HOMES

    $2,612,464

    AVERAGE PRICE OF 1,891 MULTI-MILLION DOLLAR HOMES

    $1,174,766

    AVERAGE PRICE OF 1,483 NEWLY BUILT HOMES

    $1,189,617

    AVERAGE PRICE OF 1,323 HOMES WITH A POOL

    $648,460

    AVERAGE PRICE OF 426 REDUCED PRICE HOMES

    Average Home

    Average Price $715,501
    Avg Bedrooms 2.21 beds
    Avg Bathrooms 2.06 baths

    Average Price by Bedrooms

    1 bedroom $339,100
    2 bedrooms $482,863
    3 bedrooms $644,337
    4 bedrooms $854,046
    5 bedrooms $1,488,729
    Miami Home Price Trends
      2/2019 1/2019 12/2018 11/2018 10/2018
    Total Listings 13,261 12,833 13,097 13,262 13,104
    Average Price $716,263 $724,844 $723,921 $712,201 $707,907
    Avg Price Change -1.20% +0.13% +1.65% +0.61% -0.46%
    Median Price $410,661 $415,153 $414,695 $411,244 $409,624
    Med Price Change -1.09% +0.11% +0.84% +0.40% +0.49%
    Avg Bedrooms 2.18 beds 2.17 beds 2.17 beds 2.17 beds 2.15 beds
    Avg Bathrooms 2.04 baths 2.04 baths 2.03 baths 2.03 baths 2.01 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Coral Gables 189 $1,316,784 136 days
    Miami Killian 129 $571,976 78 days
    Miami Senior 102 $772,163 122 days
    South Miami 141 $602,555 105 days
    Washington; Brooker T 193 $628,751 146 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 13,566 $715,501 154 days
    Distressed Homes 589 $328,457 119 days
    Multi-Million Dollar Homes 1,891 $2,612,464 191 days
    Newly Built Homes 1,483 $1,174,766 172 days
    Homes with a Pool 1,323 $1,189,617 122 days
    Reduced Price Homes 426 $648,460 109 days
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